$800,000
SOLD MAY 21, 2021
0.17 Acre
$4,705,882 Price per Acre
7,500 Sq Ft Lot

Recently Sold

$719 Per Sq Ft

3% Above List Price

2 Days on Market

Highlights

  • No HOA
  • Development of the land is complete
  • 5-minute walk to Prairie Park
  • University Park Elementary School Rated A-
  • Level Lot

About This Lot

As of April 2024

Old duplex on large 7500 Square Foot Lot in University Park! Being sold for land value. Currently occupied until end of June. Current rent is $3170 per month. Buyer can see interior of property after contract is accepted. NO SIGN IN YARD. PLEASE DO NOT BOTER THE TENANTS

Last Agent to Sell the Property

Jay Sandstrom

Your Castle Real Estate Inc License #040014503 Listed on: 04/18/2021

Your Castle Real Estate Inc

Last Buyer's Agent

Henry Adams

IV Properties LLC License #100029536

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,656

Year Built

  • 1926

Lot Details

  • 7,500 Sq Ft Lot
  • Level Lot
  • Development of the land is complete
  • Property is zoned U-TU-C

Community Details

  • No Home Owners Association
  • University Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5252-11-002

Property Details

Property Type

Land

Est. Annual Taxes

$2,656

Year Built

1926

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Exclusions: None
  • SubdivisionName: University Park
  • Ownership: Individual
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.02564
  • Special Features: None
  • Year Built: 1926

Exterior Features

  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 0

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Lot Info

  • Parcel Number: 5252-11-002
  • Lot Size Acres: 0.17
  • Lot Features: Level
  • Lot Size Sq Ft: 7500
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Apr 2, 2024
Sold by
Justin And Dylan Llc
Bought by
Mann Michael and Depaola Vivian
Seller's Agent
fariba keshavarz
Brokers Guild Homes
Buyer's Agent
Vivian DePaola
Corcoran Perry & Co.
List Price
$1,600,000
Sold Price
$1,560,000
Premium/Discount to List
-$40,000
-2.5%
Total Days on Market
2
Views
9
Current Estimated Value
$1,537,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,069
Avg. Annual Appreciation
-1.24%
Original Mortgage
$1,248,000
Outstanding Balance
$1,232,950
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$304,981

Purchase Details

Listed on
Mar 9, 2023
Closed on
Apr 28, 2023
Sold by
2010 S Clayton Llc
Bought by
Justin And Dylan Llc
Seller's Agent
Henry Adams
IV Properties LLC
Buyer's Agent
fariba keshavarz
Brokers Guild Homes
List Price
$985,000
Sold Price
$850,000
Premium/Discount to List
-$135,000
-13.71%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.01%

Purchase Details

Listed on
Apr 18, 2021
Closed on
May 21, 2021
Sold by
Allen Charles A
Bought by
2010 S Clayton Llc
Seller's Agent
Jay Sandstrom
Your Castle Real Estate Inc
Buyer's Agent
Henry Adams
IV Properties LLC
List Price
$780,000
Sold Price
$800,000
Premium/Discount to List
$20,000
2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%

Purchase Details

Closed on
Dec 1, 2020
Sold by
Allen Charles A
Bought by
Allen Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,560,000 Fitco
Warranty Deed $850,000 First American Title
Special Warranty Deed $800,000 Heritage Title Company
Interfamily Deed Transfer -- Heritage Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,248,000 New Conventional
Previous Owner $765,000 Construction
Previous Owner $418,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $279,500 Adjustable Rate Mortgage/ARM
Previous Owner $202,562 New Conventional
Previous Owner $1,008,541 Unknown
Previous Owner $228,000 Unknown
Previous Owner $226,000 Unknown
Previous Owner $226,000 Unknown
Previous Owner $225,000 Unknown
Previous Owner $225,000 Unknown
Previous Owner $225,000 Unknown
Previous Owner $225,000 Unknown
Previous Owner $200,000 Unknown
Previous Owner $102,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $1,560,000 -2.5% $433 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $1,600,000 +2.6% $444 / Sq Ft
04/01/2024 04/01/24 Off Market $1,560,000 -- --
04/28/2023 04/28/23 Sold $850,000 -8.1% $764 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/05/2023 04/05/23 Price Changed $925,000 -2.1% $832 / Sq Ft
03/13/2023 03/13/23 Price Changed $945,000 -4.1% $850 / Sq Ft
03/09/2023 03/09/23 For Sale $985,000 +23.1% $886 / Sq Ft
05/21/2021 05/21/21 Sold $800,000 +2.6% $719 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $780,000 -- $701 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,121 $68,310 $16,660 $51,650
2023 $13,121 $169,330 $169,330 --
2022 $2,569 $32,310 $27,290 $5,020
2021 $2,569 $40,410 $28,080 $12,330
2020 $2,733 $36,830 $24,250 $12,580
2019 $2,656 $36,830 $24,250 $12,580
2018 $2,497 $32,270 $23,130 $9,140
2017 $2,489 $32,270 $23,130 $9,140
2016 $2,451 $30,060 $27,000 $3,060
2015 $2,349 $30,060 $27,000 $3,060
2014 $1,806 $21,750 $19,892 $1,858
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2629550

REcolorado®

APN: 5252-11-039